Tuesday, April 23, 2024

Universal Robots release cobot

Media Release

12 February, 2020

Universal Robots launches Financial Services Leasing Programme in collaboration with DLL

Universal Robots (UR), the most trusted and widely-deployed collaborative robot (cobot) manufacturer in the world, has launched its new cobot leasing programme in collaboration with DLL, a global vendor finance company. The new partnership enables all manufacturers, regardless of size or capital equipment budgets, to reap the benefits of automation without worrying about cash flow and seasonal fluctuations.

Get the equipment you need to grow your business now

The newly announced partnership will see Universal Robots’ customers from around the globe benefitting from the leasing programme.

“Locally, systems are in place and this service is available to Australian and New Zealand manufacturers” says Darrell Adams, Head of SEAO at Universal Robots.

According to Adams, the new leasing option provides customers with the option to start automating with cobots immediately. “The equipment starts generating income before you have made your first payment. It helps the business acquire the cobot  it needs now without significant down payment. Leasing also ensures you are never stuck with outdated equipment and there are further tax advantages too.”

“With automation and Industry 4.0 becoming more and more of a hot conversation topic in the local market, the move could not have come at a better time. Accelerated automation is required and the UR Leasing Programme will go a long way towards making this a reality for many small to medium enterprises” says Adams.

Levelling the playing field

In the launch statement from the Denmark headquarters, CFO Klaus Vertergaard from Universal Robots said:

“We are levelling the playing field by enabling all manufacturers to immediately put cobots to work without an upfront capital investment. UR Financial Services offers end users a fast, low-risk and financially-friendly model to accelerate automation in their factories. The partnership makes it easy to upgrade existing cobots, add additional units or test cobots for the first time – and equips end users to maximise productivity, quality and profitability, without increasing costs or cash outlay.”

DLL offers UR’s customers tailor-made financing and leasing programmes designed to meet the needs of the modern manufacturing business, while enabling growth. As business needs change, customers will have the option to schedule payments to fit fluctuations in cash flow, upgrade to new equipment, or add cobots anytime during the contract term. At the end of the finance term, customers will have the option to buy the equipment for a fraction of the original cost, upgrade to newer technology, extend the finance term or simply return the equipment.

“We are delighted to establish a global partnership with Universal Robots,” said Neal Garnett, President of Construction, Transportation & Industrial (CT&I) Global Business Unit at DLL. “The market we operate in is evolving rapidly. Through this partnership we can now offer financial solutions for a wide variety of automation equipment. Cobots are transforming the industry and UR is clearly the market leader. Our tailored financial solutions give UR’s end users an easy way to reduce the risk of deploying cobots by shifting from ownership to flexible, usage-based financing. Manufacturers can build the operations they need to compete and thrive, while people work on strategic tasks.”

Finance your solution

UR’s distributor network will work directly with DLL’s dedicated finance experts in each country to provide new payment and leasing options for interested customers. Through the experts’ specialised asset knowledge, flexible financing solutions and strategic marketing resources, they will support UR to execute the growth strategy.

In the ANZ region, customers can get in touch with UR directly or with their local UR distributor network for more information. End users will continue to experience the benefits of working with UR, including its global reach, local support, service and maintenance, training offerings through its online UR Academy and global network of Authorised Training Centres, and UR’s extensive UR+ Ecosystem.

“Universal Robots look forward to removing the last barrier to automation!” concludes Adams.

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